LIMC Limco -Piedmont Inc. (MM)

TULSA, Okla., April 17 /PRNewswire-FirstCall/ -- Limco-Piedmont Inc. (NASDAQ:LIMC) announced today that its Limco-Airepair subsidiary has been selected to provide heat transfer components for the recently announced Gulfstream G650. See the press release announcing the G650 at http://www.gulfstream.com/news/releases/2008/031308.htm. "Our selection as a supplier on this leading edge aircraft, is evidence of the faith OEM customers have in Limco's capabilities," said Shaul Mencahem CEO of Limco-Piedmont. "We provide components of this type on a number of Boeing platforms and are encouraged that we were able to expand our presence to the new class of airframe that the G650 represents. We are excited by this partnership and look forward to working with Gulfstream on other projects" About Limco-Piedmont Inc. Limco-Piedmont Inc. provides maintenance, repair and overhaul, or MRO, services and parts supply services to the aerospace industry. Limco-Piedmont's four Federal Aviation Administration certified repair stations provide aircraft component MRO services for airlines, air cargo carriers, maintenance service centers and the military. Limco-Piedmont specializes in MRO services for components of aircraft, such as heat transfer components, auxiliary power units, propellers, landing gear and pneumatic ducting. In conjunction with Limco-Piedmont's MRO services, Limco-Piedmont is also an original equipment manufacturer of heat transfer equipment for airplane manufacturers and other related products. Limco-Piedmont's parts services division offers inventory management and parts services for commercial, regional and charter airlines and business aircraft owners. Safe Harbor for Forward-Looking Statements This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the airline industry, changes in demand for our services and products, the timing and amount or cancellation of orders, the price and continuity of supply of component parts used in our operations, and other risks detailed from time to time in our filings with the Securities Exchange Commission, including our Quarterly Report on Form 10-Q. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement. DATASOURCE: Limco-Piedmont Inc. CONTACT: Shaul Menachem, Chief Executive Officer, Limco-Piedmont Inc., +1-918-445-4300 Web site: http://www.gulfstream.com/news/releases/2008/031308.htm

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